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Disney struck a deal to buy film, television and international
businesses from Rupert Murdoch's Twenty-First Century Fox Inc
for $52.4 billion in stock. The deal includes a plan to add
Fox's 22 regional sports networks to Disney's No. 1 sports
network ESPN.
"I’m concerned about the impact of this transaction on American
consumers," Klobuchar said in a statement.
"As the ranking member of the Senate Judiciary Subcommittee on
Antitrust, I have asked Senator (Mike) Lee, who has worked
closely with me in this area in the past, and (Judiciary
Committee) Chairman (Chuck) Grassley to schedule a hearing on
the proposed merger," she said.
Lee, who chairs the subcommittee, has asked his staff to take a
close look at the proposed deal, Conn Carroll, a spokesman for
Lee, said. "A hearing has not been ruled out.”
Five antitrust experts said this week the deal would likely win
approval from the U.S. Justice Department, which is expected to
review the purchase since they have reviewed other content
deals, although the agency may require asset sales or
conditions.
(Reporting by Diane Bartz; Editing by Susan Thomas)
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